BMW and Porsche have a China problem. They're not the only ones.
Bad news keeps coming for foreign automakers in the world's biggest car market as two German marques reported big declines in deliveries in China.
Yahoo Finance28d
BMW Group 2024 sales dragged down by China drop
The BMW brand managed to increase deliveries across all vehicle drivetrains in all sales regions outside of China. “The BMW Group is maintaining its growth trajectory for fully-electric vehicles ...
Wall Street Journal29d
BMW Sales Fell in 2024 on Technical Issues, Weak China Demand
BMW BMW-2.39%decrease ... was hit by technical issues and subdued demand in China. The company, which houses its namesake brand as well as the Mini and Rolls-Royce marques and a motorcycles ...
ET Auto28d
BMW's car sales fell 4% in 2024 owing to brake fault recall, China slump
Sales of the group's cars, which also include the Mini and Rolls-Royce brands, dropped 4% to 2.45 million vehicles in 2024, the company said Monday. BMW walked back its outlook in September after ...
Yahoo Finance28d
BMW and Porsche have a China problem. They're not the only ones.
Porsche and BMW are the latest automakers ... at its joint venture with China's SAIC Motor after it lost $347 million in the first nine months of 2024. Other brands have fostered closer ties ...